|Issue Date||22/03 - 24/03|
|Issue Size||₹45.00 Cr|
|Issue Price||₹440 - 460|
|Market Lot||32 Shares|
|Shares on Offer||6,521,740|
|GMP||₹153 - 155|
|Subject to Sauda||N/A|
Shankara Building Products is one of India's leading organised retailers of home improvement and building products in India, based on number of stores operating under "Shankara Buildpro". This 2000 Cr.(INR 20 billion), ISO 9001:2008 company carries with it a legacy of 21 years of impeccable service to customers spread across South, West and East India. It is also Known for its team with experienced and dedicated people heading its operations with an uncompromising attitude to quality and efficiency through all its services.
Their operations are headquartered in Bangalore. The distribution network, branch offices, warehouses and retail stores span the states of Karnataka, Kerala, Andhra Pradesh, Telangana, TamilNadu, Maharashtra, Gujarat, Orissa, Goa, Madhya Pradesh and Puducherry. They have their own fleet of trucks for transport to help augment their logistics capabilities. This helps in providing the last mile delivery. Their processing facilities are located in numerous states of India.
Today, Shankara represents one of the largest and leading organised retailers of building products in India with products including structural steel, cement, TMT bars, hollow blocks, pipes and tubes, roofing solutions, welding accessories, primers, solar heaters, plumbing, tiles, sanitary ware, water tanks, plywood, kitchen sinks, lighting and other allied products.
Shankara employs over 1700 people and this family continues to grow. Their success is based on a combination of the team's passion for Building products and capabilities to scale very fast. They have a culture which is based on meritocracy and fairness. They believe in non- hierarchy and that everyone's voice should be heard regardless of rank and position. This culture combined with their team and world class products is what makes us one of India's leading building products companies.
Incorporated in 1995, Shankara Building Products Ltd is retailers of home improvement and building products in India. They offer a wide range of products at their stores which includes structural steel, cement, TMT bars, hollow blocks, pipes and tubes, roofing solutions, welding accessories, primers, solar heaters, plumbing, tiles, sanitary ware, water tanks, plywood, kitchen sinks, lighting and other allied products.
As of September 24, 2016, they operated 100 Shankara BuildPro stores covering the end-user segments of urban and semi-urban markets in Andhra Pradesh, Goa, Gujarat, Karnataka, Kerala, Maharashtra, Odisha, Tamil Nadu, Telangana, and Puducherry. The company also manufactures, assembles, processes, trades in, imports, exports, or deals in a range of steel sheets, steel roofing sheets, walling products, accessories, and steel structures and purlins used for construction of various types of building structures, as well as steel pipes, tubes and pipe fittings and iron and steel and allied products and engages in general hardware and general wholesale trading activities.
They serves home owners, architects and contractors and small enterprises and housing, general engineering, automotive, renewable energy, agriculture, and construction and infrastructure sectors. They also carry reputed third party brands such as Sintex, Uttam Galva, Uttam Value, Futura, APL Apollo and Alstone and their own brands such as CenturyRoof, Ganga and Loha at their retail stores.
|Total Assets (In ₹ Millions)||5,913.15||5,505.20||5,956.44||5,724.80||4,559.90|
|Total Revenue (In ₹ Millions)||17,750.07||17,204.70||18,840.21||17,024.89||13,855.32|
|Profit After Tax (PAT) (In ₹ Millions)||109.77||42.47||193.38||271.24||277.75|
|Date & Time||QIB||NII||RII||Total|
|Day 1 - Mar 22,2017||0.00||0.09||0.98||0.51|
|Day 2 - Mar 23,2017||0.75||0.49||4.35||2.49|
|Day 3 - Mar 24,2017||51.62||90.68||15.35||41.88|
Please click the link below to check the IPO allotment status.IPO Allotment Status
Shankara Building Products Ltd IPO IPO will open on 22/03 and close on 24/03.
Shankara Building Products Ltd IPO IPO will list on 05-Apr.
The offer price of Shankara Building Products Ltd IPO IPO is ₹440 - 460.
The lot size of Shankara Building Products Ltd IPO IPO is 32.
The Grey Market Premium (GMP) price of Shankara Building Products Ltd IPO IPO is ₹153 - 155.
The Kostak price of Shankara Building Products Ltd IPO IPO is Not Available at the moment.
The Subject to Sauda price for Shankara Building Products Ltd IPO IPO is Not Available at the moment.
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